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Oracle 1Z0-1059-26 Exam Syllabus Topics:

Section	Weight	Objectives
Revenue Recognition and Accounting Rules	26%	- Manage allocation and measurement of transaction prices - Understand and apply ASC 606 / IFRS 15 standards - Define and manage revenue recognition rules and schedules - Configure accounting configurations, journal entries, and accounting methods
Revenue Management Implementation and Setup	28%	- Set up standalone pricing and pricing dimension structures - Define system options, parameters, and reference data - Configure Revenue Management application components - Configure integration with Oracle Financials Cloud and other modules
Revenue Contracts and Performance Obligations	24%	- Handle contract assets, liabilities, and billing events - Allocate transaction price to performance obligations - Identify and define performance obligations and distinct goods/services - Create and manage revenue contracts and contract modifications
Revenue Reporting and Analytics	22%	- Use Oracle Transactional Business Intelligence (OTBI) for revenue reporting - Build analyses, dashboards, and infolets for revenue data - Monitor and reconcile revenue balances and accounting data - Generate standard and custom revenue reports

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Oracle Revenue Management Cloud Service 2026 Implementation Professional Sample Questions (Q53-Q58):

NEW QUESTION # 53
A corporation does not have reliable historical Standalone Selling Prices stored In Its source systems. What option is available to help the corporation in this scenario?

A. Navigate to the "Manage Revenue Price Profiles" page and download spreadsheet template to enter estimated prices manually.
B. Load estimated prices to table VRM_SOURCE_DOCUMENTS using SQL script.
C. Navigate to the "Manage Revenue Price Profiles" page and enter estimated prices manually in the browser user interface.
D. Run the Calculate Observed Standalone Selling Prices program to derive prices.

Answer: D

Explanation:
https://docs.oracle.com/cloud/farel12/financialscs_gs/OEDMF/VRM_CUSTOMER_CONTRACT_HEADERS_tbl.htm

NEW QUESTION # 54
Which is the following is NOT a feature of personalization

A. Configuring table columns
B. Selecting default language
C. Changing text font
D. Saving searches

Answer: C

NEW QUESTION # 55
In Revenue Management the Selling Amount and Allocated Amount may be different. How does Revenue Management account for this difference?

A. It tracks the difference in a Write-off Allocation Account at the contract level.
B. It Tracks the difference in a Write-Off Allocation Account at the contract line level.
C. It tracks the difference in a Discount Allocation Account at the contract line level.
D. It tracks the difference In a Discount Allocation Account at the contract level.

Answer: C

NEW QUESTION # 56
How can you access an implementation task in Functional Setup Manager. (choose 3)

A. By navigation to an offering's functional area
B. By navigating from the Welcome Springboard
C. By searching
D. By navigating from the Implementation Project

Answer: A,C,D

NEW QUESTION # 57
Which is the correct definition of the Performance Obligation Liability on the balance sheet, replacing the Deferred Revenue liability?

A. Unearned Revenue
B. your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered
C. your debt to customers for goods and services you are obliged to deliver to them by either party acting
D. your invoiced goods and services less those goods and services that you have not yet delivered

Answer: C

NEW QUESTION # 58
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